Kiev has decided to increase foreign exchange reserves by IMF tranche of up to $ 12 billion

Gold and currency reserves of Ukraine after the selection of the next IMF tranche 1, $ 7 billion will reach $ 12 billion, said Prime Minister of Ukraine Arseniy Yatsenyuk."In the month of February, the reserves of the National Bank of Ukraine amounted to 5, $ 6 billion, and this entire amount allocated to the IMF, will go to the Gold and currency reserves of the national Bank, and our reserves will be 12 billion dollars ", ? Yatsenyuk declared on air of TV channel " espresso. TV ", reports RIA " Novosti ". The Board of Directors of the international monetary Fund (IMF) blessed on the last working day of the week, the Kiev will receive the next tranche of financial assistance in the amount of 1, 7 billion.on the First day of the week the Minister of Finance of Ukraine Natalie Jaresko expressed hope that the international monetary Fund on the last working day of the week, July 31, will report on the allocation of the country tranche 1, $ 7 billion and Kiev will be able to obtain these funds for the upcoming week. 1st tranche of $ 3, $ 2 billion, Ukraine received in April 2014. It was planned that the next tranches of the country will receive in July, September and December, but because of the situation in southeastern Ukraine, the allocation of the second and subsequent tranches were deferred to the meeting of the Board of Directors of the IMF on August 29. The second tranche (1, 39 billion dollars) was adopted by Ukraine on 4 September 2014. Issue 3rd tranche was postponed until 2015. In addition, in 2014 Kiev repaid to the IMF in the amount of 3, 4 billion. 12 February 2015 the managing Director of the IMF Christine Lagarde said that Ukraine and the IMF agreed on a four-year lending program to $ 40 billion, provided economic reforms in the country. Eleven March 2015 IMF blessed the loan to Ukraine in the amount of 17, 5 billion. It was planned that the entire country will receive this amount for 4 years. According to the National Bank of Ukraine, 1st tranche under the loan ($5 billion) was adopted on 13 March. The issuance of the second tranche was delayed due to long passage of draft laws on the reform in the tax, financial and anti-corruption areas in the Verkhovna Rada. In total, including debt 2010-2011, Ukraine needs IMF 5, $ 7 billion, 650 million of them ought to pay In the current year.